Hall's excellent survey of business cycles is concise, lucid, and up-to-date discussing not only early theories of the business cycle and Keynesian and monetarist models, but also the rational expectationist and new Keynesian models along with actual business cycles. . . . Strengths of the book include an excellent bibliography and Hall's insightful history of business cycles from the panic of 1907 to the long cyclical expansion beginning in late 1982. Choice Intended as a primary text for upper-level undergraduate and ...
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Hall's excellent survey of business cycles is concise, lucid, and up-to-date discussing not only early theories of the business cycle and Keynesian and monetarist models, but also the rational expectationist and new Keynesian models along with actual business cycles. . . . Strengths of the book include an excellent bibliography and Hall's insightful history of business cycles from the panic of 1907 to the long cyclical expansion beginning in late 1982. Choice Intended as a primary text for upper-level undergraduate and graduate courses in business cycles and economic fluctuations, this book treats the nature and causes of business cycles. In contrast to previous works on the subject, which have tended to focus on basic macroeconomic models and intermediate level theory, Business Cycles offers both a broader scope and more in-depth coverage, concentrating on modern theories of the business cycle, data analysis, and recent and historical episodes of economic fluctuation. The author amplifies and combines the various theories that comprise the modern view of business cycles and develops a systematic rationale for economic fluctuations that integrates the key concept of economic shocks. Hall demonstrates that an economy grows over time but receives periodic shocks--such as oil price increases or monetary instability--which generate fluctuations. In addition to examining the nature of shocks that cause recessions and expansions, Hall suggests ways to forcast these cycles. Hall begins with a general overview of economic cycles and economic indicators and goes on to review the historical explanations for economic fluctuations that form the foundation for more modern theories. The contemporary theories of fluctuations--Keynesian, and real business cycles--receive extended treatment. Each theory is discussed in detail in a separate chapter that includes relevant empirical data. Hall then describes the nature and causes of several business cycles during the twentieth century, enabling the reader to see how the various alternative models of cycles explain actual phenomena over time. Finally, he examines some macroeconomic puzzles in the study of cycles and concludes with some observations about the performance of macroeconomic forecasting methods.
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Add this copy of Business Cycles: the Nature and Causes of Economic to cart. $34.00, very good condition, Sold by A2ZBooks rated 4.0 out of 5 stars, ships from Burgin, KY, UNITED STATES, published 1990 by Praeger Pub Text.
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Near Fine Condition. Has bookstore stickers on book. Text appears clean. Very nice Used book and binding. Appears like new. Book is very near new! Multiple copies available this title. Quantity Available: 3. ISBN: 0275930858. ISBN/EAN: 9780275930851. Pictures of this item not already displayed here available upon request. Inventory No: 1560730298.
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Very Good. Unused, some outer pages have minor shelf wear, book content is in like new condition. Sewn binding. Cloth over boards. 256 p. Praeger Series in Political.
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Good with no dust jacket. Praeger Series In Political; 238 pages; Sticker residue, small, to front cover. Foxing to the top exterior edge of textblock only. Dog-earing to the top corner of a few pages. Good condition otherwise. No other noteworthy defects. No markings.; -Your satisfaction is our priority. We offer free returns and respond promptly to all inquiries. Your item will be carefully cushioned in bubble wrap and securely boxed. All orders ship on the same or next business day. Buy with confidence.
Add this copy of Business Cycles: The Nature and Causes of Economic to cart. $44.26, like new condition, Sold by Hay-on-Wye Booksellers rated 4.0 out of 5 stars, ships from Hereford, UNITED KINGDOM, published 1990 by Praeger.
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Fine. Unused, minor shelf wear to outer pages, otherwise the book content is in like new condition inside and out. Sewn binding. Cloth over boards. 256 p. Praeger Series in Political.
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